There has been allot of commotion in regard to EXM acquisition with Dropmysite , A lot of negativity and stupid threads being created (Has EXM peaked at 2.6c) EXM management have hurt a lot of shareholder in the past by a few things, but mainly dilution decreasing shareholder value. it is very understandable why some posters are so negative in regards to management, but IMO being negative all the time can throw you out of being in a good investment and reaping massive profits, thus making back old losses.
IMO it is important to step back and revaluate decisions at this current time with EXM. I don't know why Dropmysite has picked EXM for an IPO while many other shells are struggling to find good acquisition but I'm my experience of running my own business on the side of my full time job "it is not what you know, its who you know"! the fact remains that the DD is going ahead with Dropmysite, and an opportunity has arisen for existing shareholders to average down on their current holdings by purchasing 1 shares for every 2 shares owned at a price of 0.005.
so lets stake a look at a few things
shares on issue (240 million)
shares to be raised (120 million)
total shares on issue after raising (360 million
Market cap diluted at 0.011 cents ($3,960,00)
Market cap diluted at 0.008 cents ((2,880,00)
Cash on hand ($140000)
cash to be raised including options converted ($650000) before costs.
total cash after raising between ($720000 and $800000).
If DD is successful EXM holders will be investing in Dropmysite that was established in 2010, has been growing aggressively since then.
Founded by John Fearon, who discloses that he has been clinically diagnosed with Attention Deficit Hyperactivity Disorder. (at least share holder know he wont be sitting on his ass)
With CEO Charif El-Ansari
who was head of business development for south east Asia and Head of online sales and Ops in south East Asia, and Marketing Director for Dell for nearly 8 years.
EXM holders will be investing in a company that is already making revenue and growing dramatically.
http://www.hostingjournalist.com/cl...s-cloud-backup-service-powered-by-dropmysite/
https://e27.co/singapore-based-venture-investment-firm-hatcher-expands-india-20160203/
http://www.prnewswire.com/news-rele...as-with-new-partner-dropmysite-300167165.html
http://www.marketwired.com/press-re...s-with-three-regional-web-hosting-1995020.htm
I have done my research and I believe the risk verses rewards on this one are extremely high, the risks being management put them self's first and reject DD to continue exploration blowing shareholder wealth!
the reward being,if management Like DD and go ahead, information of revenue is released and shocks the market seeing a 5 to 10 bagger in a short period of time before IPO is even completed.
always do your own research and good luck to all holders!
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